Vertcoin (VTC) is a decentralized, peer-to-peer digital currency similar to Bitcoin and Litecoin, but with distinctive features that make it better than the mentioned coins. Vertcoin is completely owned by its users since it can be mined by anyone using GPUs and is resistant to specialized mining hardware. The coin is not premined, did not have an ICO or airdrop and its transaction fees is shared among the many miners. Decision making rests upon the community rather than a few individuals.Show more [+] VCT coin was launched on January 11, 2014. It has a total supply of 84,000,000 coins. The coin uses the Proof-of-Work consensus mechanism for mining, using the Kimoto Gravity Well difficulty adjustment, with a four-year halving interval. Coin reward began at 50 coins and will decrease gradually by half until all the coins are mined. Its block-time is 2.5 minutes. VCT uses the Lyra2Rev2 algorithm that is flexible and resistant to ASICs. It is flexible enough to change code if in case a specialized ASIC is developed to mine the coin.
VCT is supported by many wallets including Ledger Nano S, Exodus, Ledger Nano, Coinomi, UberPay, Ledger Blue, CoinSpot and coinpayments. It is available for trading in various exchanges like Bit-Z, Upbit, CoinEgg, Coinroom, YoBit, Poloniex, Bittrex and others. The coin is supported and managed by the community members